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At Least — Not In Spend, and Not Outside of B2B “Tech” Customers. So yes, while it’s true that challenges are real for those in the right-hand column above – overall cloud spend is still up 20%. Google Cloud , Azure, and GitLab, all tied directly or indirectly to AI, are seeing massive acceleration. Does it matter?
So Battery Ventures has a new detailed report on The Open Cloud you can dig into here. There’s a lot of great data in the report, but one analysis helped answered a question I’ve been wondering the past 12-18 months: Are start-up actually more overvalued today than at the peak of Cloud mania in 2021? in 2021 to 23.4x
When we started there was basically no great content on scaling B2B companies. Now B2B content is everywhere. LinkedIn itself is an endless feed of B2B scaling content, in fact. And there is great B2B content on 20VC, on Lenny’d pod, and so many other great places. So I asked myself that question.
And what you can see is there is really almost no liquidity for startups and scale-ups in SaaS and Cloud at the moment. Public SaaS and Cloud companies, and AI leaders like NVidia, have still generated a lot of cash for shares. The bar has gone up everywhere in SaaS and B2B. Epic times. years or so. It should get better.
In case u missed @SaaStrAnnual State of the Cloud w @bdeeter @TheValuesVC. ??Future Cloud proliferating globally ??B2B B2B txns moving online ??APIs This will usher in unlimited potential for new innovation and growth in SaaS and Cloud. # 2 Cloud is Eating Software. The truth is- Cloud is still in its early days.
No one has a true crystal ball when it comes to Cloud spend in the coming years, but the leaders have a lot of data. It’s the #1 Private Equity firm for B2B and SaaS companies and it surveyed 501 Cloud and SaaS buyers. Thoma Bravo is one of them.
” and the post not only took off, it summarized a zeitgeist, a malaise, a feeling across much of B2B at the start of 2024. It’s not 2021 again, but so much has changed as the year ends: Many top SaaS and Cloud stocks are up +40%-60% or more in the back half of the yea r. That SaaS was Dead. Not all of them, but so many.
So just how many SaaS, Cloud, B2B/B2D pre-IPO unicorns are there really? So how many of them are like us — SaaS, Cloud software, or fintech that is SaaS-y? So prediction: at the end of 2022, we’ll have 1000 private SaaS/Cloud Unicorns and 50 private Decacorns. I count about 337 Unicorns and 15 Decacorns ; and.
Unparalleled Networking Opportunities SaaStr Annual brings together thousands of SaaS, Cloud and AI executives, founders, VCs, and industry leaders under one roof across our 40+ acre campus, May 13-15 in SF Bay! VIP Networking app for B2B founders and execs attending (no service providers, sorry!) And the VCs that want to fund them!
750k-$4m checks for SaaS, Cloud and B2B startups at from $10k-$200k MRR. Algolia and Legacy Investment Talkdesk in BVP Cloud 100! More on SaaStr Fund here : The post This Week at SaaStr Fund: Algolia in Cloud 100, RevenueCat Launches App Growth Conference, AI Fuels Growth At Gorgias appeared first on SaaStr.
SaaStr is committed to having the most inclusive community in Cloud, SaaS and AI. Be actively employed at a post-revenue B2B / AI / SaaS operating company. We are happy to bring the next generation of Cloud execs to Annual, too! We provide priority to less-represented women. No agencies or service providers, sorry.
The Cloud is expanding and moving forward at a phenomenal rate, so we invited the team at Bessemer Venture Partners back to SaaStr to unveil their latest findings in the 2021 State of the Cloud. Is Cloud growth sustainable for the long term? Is Cloud growth sustainable for the long term? Hello Unicorns . trillion.
As a B2B SaaS platform, we use LinkedIn to share and promote our content to prospective buyers, which include director and C-suite level executives. Cloud), niche hashtags (ex.#CloudCostOptimization, Yet, it can be tough to gain exposure without a well-thought-out and optimized strategy. 3 153 15 0.4 0 7 2 34.5
The current state of AI adoption resembles the early days of cloud: great infrastructure exists, but there’s a lack of applications to use it effectively. This represents an under-recognized opportunity for B2B AI startups focusing on compliance, risk management, and administrative controls.
That’s crazy growth — almost all fueled by the crazy growth of the Cloud. That’s up from $800 billion just a little while back when we took a look at Cloud Decacorns. Zoom used to be a B2B app ??. No SaaS company is yet worth $1 trillion, through perhaps that is coming. The Era of the SaaS Decacorn is Here.
B2B market is on fire. Because SaaS and Cloud are. With B2B companies spending ~40% of their revenues on marketing, it only makes sense the leaders that provide marketing services and platforms should be growing like crazy. #2. Cloud is an awesome force. #4. Growth is accelerating — dramatically. At $10B ARR.
SaaS outside of classic “B2B’ is often holding up well. And AI is obviously on fire, pulling up AWS, Google Cloud, Azure, etc. But classic B2B SaaS is definitely in many cases seeing tougher times. Things in “classic B2B” haven’t bounced back to easier yet. Klaviyo, Toast, etc.
Start-ups have certainly became very global in B2B in the past 5-7 years. MongoDB, Datadog, and others have given New York a stronger and strong place in SaaS and Cloud. And even older tech leaders like Adobe that are here have seen a huge resurgence from the Cloud. let alone the Bay Area. At least in SaaS. It compounds.
SaaStr Enterprise will take everything we’ve learned from our first two digital events into a one-day event that is structured to provide high-impact and measurable value by connecting top CEOs of B2B companies from $20M – $2B in ARR with the top CIOs, CDOs, CTOs, and CXOs driving innovation in the Cloud. Apply to Attend.
After nearly two decades building infrastructure companies from zero to IPO, Dave has distilled the repeatable patterns of successful scaling into a framework that works across any B2B SaaS business. With over 20 years in the infrastructure software space, Dave previously held executive roles at Microsoft, VMware, and GitHub.
We’d never seen revenue acceleration like this ever in B2B software. In fact, all 3 were clear in their public announcements that the Covid boost was already over by the end of 2020: Is the Covid Boost in Cloud and SaaS Already Over? Still, in the end, SaaS is growing faster than ever, and Cloud budgets are at all-time highs.
The Index of Top SaaS and Cloud Companies The Bessemer Venture Partners Index of top SaaS and Cloud companies is shown in blue on this graph, which is a basket of the best. Cloud stocks were on a tear. Salesforce bought Slack for 27x revenue, which made sense because, overall, SaaS and Cloud companies traded at a premium.
Prompt: Coupa & Thoma Bravo logos each in front of a cloud with a plus sign between them. It would be hard to entrust a B2B content marketing program to these systems. The format is blog post, the prompt issued to the algorithm, & some commentary. What the $6B Coupa Acquisition Means for Software Startups. Coupa vs Coppa (ham?)
Extensive B2C and B2B Selling Features Sell in all the ways that customers want to buy. Our platform accommodates one-time purchases or recurring payments , subscription downloads and cloud-based offerings, trials with and without payments, and more.
It’s just not clear bolting on AI is accelerating anyone in classic B2B SaaS oper se. It’s not clear that’s disruptive in B2B. We are absolutely delighted and cannot be more excited about the success that we’re seeing with our customers with this great new capability. Here’s the thing. Not clear at all.
The CXO Summit is structured to provide high-impact and measurable value by connecting top CEOs of B2B companies from $20M – $2B in ARR with the top CIOs, CDOs, CTOs, and CXOs driving innovation in the Cloud. Access to our exclusive app that will help organize one-on-one meetings with top Cloud and Fortune 500 executives.
But fast forward to today, and Microsoft truly is a Cloud and SaaS company, with Azure and LinkedIn its fastest growing business units! Azure and other cloud services grew a record 40% and the total Microsoft Cloud grew to a $90 Billion run-rate. Marketers are clearly still spending to reach B2B audience. And does. #5.
But there are a bunch of quieter SaaS and B2B public companies under the radar. But also a reminder of just how long enterprise customers really last in B2B and SaaS. A small, concentrated enterprise customer base paying ~$1m a year that has moved to the Cloud. Most customers use 2-3 of their Cloud products.
They’re at almost $500m in ARR, with 1,850 customers, now growing a modest but steady 19% and they have gotten pretty efficient, like most other public SaaS and Cloud leaders. nCino has flipped the switch like many other public SaaS and Cloud companies and gotten to positive operating margins (and cash flow) in just 1 year.
So 2023 was a strange year, with many of the biggest, public Cloud and SaaS leaders on a tear, from Microsoft to Cloudflare to Palantir, but so many startups and especially those in traditional B2B struggling to grow. Some are benefitting from AI, Cloud growth, and more. So what’s the overall vibe check? It’s just so mixed.
So there are two massively different vibes in B2B and Cloud and SaaS today: Folks fighting to keep slowing growth going. Which, perhaps ironically, leads vendors to be less customer-centric. but also In high-growth AI-fueled spaces, massive competition as well.
New Relic is one of my favorite Cloud stories. Times have changed, the Cloud has gotten a lot bigger, and there are many more vendors, including the red-hot DataDog, to grab mindshare. I’ve seen this across other B2B/API companies I’ve invested in. Today New Relic is worth more than 10x that, at $4.3B.
So public Cloud and SaaS stocks continue to be under a lot of pressure, with many Cloud leaders trading for half of what they were trading at just a few months ago. Of combining two slower-growing SaaS / Cloud companies into one that is growing at an OK rate. Potential key: – 28% EBITDA. jasonlk) April 11, 2022.
But there’s another SaaS leader that almost everyone in B2B software also uses also founded in 1999 — to manage their events. but 30% comes from its so-called “Hospitality Cloud” which is really a marketplace for event services. So everyone knows Salesforce, founded in 1999, originally to manage your salesforce.
SaaStr Enterprise is a flagship SaaStr digital event on May 26 + 27 where the top executives and leaders driving innovation in the Cloud share their playbooks on scaling your business to market and sell to the enterprise. 500 CXOs exploring emerging trends and cloud innovation. 1000 CEOs ($20m+ ARR) CEOs and investors. APPLY HERE.
So Okta is one of our favorite SaaS and Cloud leaders. But it’s also tied to B2B seat models and tech. So as tech companies tighter their belts, and decrease seats, the same headwinds that have impacted ZoomInfo, Zoom, and many B2B leaders from Outreach to Gong and more also impact Okta. The story is super inspiring.
But it’s become so central to Cloud the past years, and both LinkedIn and GitHub (which Microsoft acquired) are at the pulse and heart of B2B and B2D, respectively. Just about everything in Cloud, SaaS and AI is firing on all cylinders at Microsoft: Azure and Cloud up +30% (!) Overall Cloud up +22% (!)
But for most B2B companies, your API, your partner programs, and the like are extensions. Most Cloud leaders don’t start off trying to monetize their ecosystem. Your API. If you are a B2D company, it’s your product itself, your API. Not your core product, but an important layer for improving customer experience.
As an online merchant, you’ve probably heard the term B2B software floating around at some point or another. Integrating B2B software can mean everything from automating a wide range of tasks to improving your customer’s online experience, but above all, creating more sales. What Kinds of B2B Software Are Out There? The result?
By Avanish Sahai, Google Cloud VP of ISV & Application Partners. I am a former CXO and current investor and board member in the B2B software space. Avanish Sahai is Vice President ISV & Apps Partner Ecosystem at Google Cloud and a member of the Board of Directors for Hubspot.
A lot of our SaaS older times don’t quite know what to make with a lot of B2B startups these days, let alone some public SaaS companies. But like “Cloud” and “SaaS”, its definitely has evolved. Doesn’t ARR stand for Annual Recurring Revenue? Well of course it does.
Which is what a lot of SaaS and B2B AI is really about. Growing Headcount and Expenses, Just More Slowly Than Revenue The story for most SaaS and Cloud leaders. So UiPath was early to what we now think of as “AI”, but blazed the path in automation. Automating away human-driven processes.
While we’ve been shopping for items like clothes or shoes online for years, another trend is now emerging—business-to-business (B2B) ecommerce. It’s easy to think of online sales as a marketplace where we buy items for ourselves, but more and more B2B and SaaS sales are now happening online. What is B2B Ecommerce?
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